Kevin Kong
What would be better?
Hi I was wondering what would be the best way to prevent a house from flooding other than not buying a house in the flood zone. There is a house in the north suburbs of Chicago in a amazing school district, but its i...
Francis Figueroa
NWROI - Brandon Turner's Equation
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
Kevin Z.
Cash for keys deal worth it?
Hi all,Would love your thoughts on this. The Building is in Los Angeles, CA. Subject to rent control.TLDR: Own an apartment building. Should I spend around $28,000 to get an additional $550 a month in rent (conservat...
Jake Valkusky
Rent Increase and Security Deposit Question
Good Morning BiggerPockets!I work with a management company and team of investors in the Philadelphia area. We have received mixed feedback on security deposit/last month increases that go along with annual rent incre...
Aaron Ver
Military move 1st potential rental
Current mortgage with VA at 2.x% with 278,000 left in South Carolina less than 4k worth in maintenance. Comps show the home is worth around 420,000 in an excellent neighborhood with potentially low vacancy rate if i w...
Alex Hostetler
VA House Hacking Advice
My wife and I are looking into house hacking a multi-family to save more aggressively for future purchases.PITI- $2300Rent Income- $3300Units all rent for $825Does it make sense to do a 0% down 4-plex that doesn't cas...
Blake Cox
Existing tenant is jeopardizing sale... what are potential ways forward?
Hi all,I am in the contracts phase on a 3-family building, which I intend to use as a primary residence while renting out the other two units. The deal is exactly what we're looking for -- we've negotiated 8.3% off th...
Keith Sehi
Need some debt words of encouragement
My wife and I are very serious about starting our rei business. We don't currently have a property although we have narrowed down the market and have been looking at a lot just haven't found the right deal. Only thing...
Gregory Doyle
Does rental income affect appraisal value of a property?
Hello all,
I am in the process of refinancing the duplex that I am house-hacking, with the main goal being a cash out refinance. I have significantly increased the rent compared to what the property was renting for w...
Michael Dorey
To Raise the Rent or not to Raise the Rent
Wanted to get the opinion of other folks on here. I have a property that I have a long term tenant in. It is an older couple and they have been there almost 10 years. I have only raised rent one time in the 10 year...